CDSLCDSL - Decent volume breakout
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
CDSL trade ideas
MULTIYEAR BREAKOUTCDSL IS AGAIN READY TO BLAST AND S-RSI IS FOR CONFIRMATION
ALL PRICE MENTION ON CHARTS
CDSL Flag and Pole PatternCDSL formed Flag and Pole pattern.. keel in radar for positional on breakout..
short term long opportunity in cdslreasons:-
1)bullish symetrical triangle breakout
2)high volume during breakout
3)price above all major moving averages
price need to cross 500 level to continue its upmove.
CDSL is at Strong supportCDSL is at strong support... rallied after touching 450... I was waiting to enter and suddenly in 30 mins it went to 482...
Someone invests at the end of session then tomorrow it might open gap up... lets see tomorrow if it gives any chance to us...
SL is 460 enter tomorrow in the beginning of the session... seems like it is ready to give breakout in 2 or 3 days
CDSL - Breaking out. Again? EMA was away from 21 EMA.
But pull back happened.
Took support at 21 EMA
Now currently back above 9EMa and box too.
Do getting ready fo1 50 plus move
RSI, Stochastic and volume are looning good.
Most important :
Need to close today (28/09/2020) above box with a small wick on top in comparison to body of candle.
CDSL BO - Enter on retracement to 305 with 286 as SL CDSL BO above major levels.
Oscillators are overbought so may retrace but retracement is good entry opportunity. Keep on watch for positional targets till 340 .Best entry around 304 SL can be 286
CDSL - Ascending triangle BreakoutAscending triangle breakout.
for good Rs 40 move.
So 10% possible.
RSI and stochastic are good numbers.
But volume has to increase with breakout.
And breaking out candle should close above 373 with small tail and good volume.
375 to 410 - 415 should be good trade.
CENTRAL DEPOSITORY 30MNBEARISH Crab@1.618XA
Earlier this same crab given good reaction on Type1 entry at 1.618XA & Hit TARGETS
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. Low volume shows no interest to the downside from Smart Money so prices will not go lower..
Crab may also go to 1.902A Before giving REACTION & Reversal .If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL SELL
CDSL can move towards 300 soonCDS looking to break above 280 with good volume. Can move above 300 in next few days as long as today's low of 272 holds post breakout
